Money Fundamentals
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13 Bad Money Habits to Break on Friday the 13th
It’s Friday the 13th. Are you feeling a bit more cautious or scared? The fear of Friday the 13th is called “friggatriskaidekaphobia.” Trying to say friggatriskaidekaphobia 13 times, I’d be scared too. I’m not a superstitious person. I don’t have any negative associations with Friday the 13th or the number 13 in general. However, the number 13 is known to some as an unlucky…
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10 Financial Wellness Skills to Better Achieve Success
These financial wellness skills can help you focus on top-level goals for life and money success. What is financial wellness? Financial wellness is about your health and wealth. It’s about the overall quality of the life you’re living. It’s not simply about the tactics but the overall strategy that improves your overall wellbeing. You can learn more in our comprehensive…
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Personal Finance 101: Money Fundamentals
Knowing personal finance basics is crucial to living a good life. Taking charge of your money is critical for personal success, so it pays to understand how to master money well and use it to accomplish your goals. From savings to budgeting to investing, there are many essential elements to master regarding personal finance. Table of contentsEarningBudgetingEmergency FundSavingInvestingInterestCredit With banking…
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5 Personal Finance Numbers for Better Wealth and Health
It’s essential to know your personal finance numbers when assessing your financial situation. Knowing these financial numbers is necessary to see how you stack up and where you can improve. It can only help improve your financial planning. Your financial health and wellness start with knowing where you stand with your personal finances. The following are 5 important personal finance…
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16 Personal Finance Tips to Better Your Life
It’s time to simplify your life with our list of the best personal finance tips for your money. According to an APA study, 72 percent of Americans reported feeling stressed about money at least sometime in the prior month. We often feel stressed when we are unable to control aspects of our finances. These are when simple yet effective tactics…
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Banking Basics: What You Need to Know
Your success with personal finance includes understanding banking basics. Sure, you can keep your money in your wallet or a jar, but the most effective way is to use a banking service. Banking is a form of money management using products and services related to savings and loans. Banks take deposits from people like you, and you may receive interest…
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How to Gain Financial Literacy
Stage 1 on the financial wellness roadmap is financial literacy. Financial knowledge supports our journey to achieve our life goals. It begins with financial education and heightened literacy. What is Financial Literacy? Financial literacy is understanding personal finance basics and recognizing the products, services, and tools needed to manage your economic life. Becoming financially literate is an ongoing process, but…
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How to Reach Financial Freedom
Stage 5 on the financial wellness roadmap is financial freedom. From financial independence to being financially free, it’s the stage where you can be and live how you want without the trappings of finances. You’re living the life you choose. What is Financial Freedom? Similar to financial independence, financial freedom means your wealth covers lifestyle choices and expenses. Making money is not a…
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How to Achieve Financial Capability
Stage 2 on the financial wellness roadmap is financial capability. From financial literacy to being financially capable, your ability to use financial products and access tools effectively means you’re onto becoming financially capable. It’s an important stage for economic prosperity. What is Financial Capability? Financial capability is being knowledgeable and capable of making better decisions with your money. You’re knowledgeable…
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How to Achieve Financial Security
Stage 3 on the financial wellness roadmap is financial security. From financial capability to becoming financially secure, the third stage is about peace of mind to meet the financial needs of life and unforeseen circumstances. What is Financial Security? Financial security means enough income to cover your monthly expenses and debt obligations. Being financially secure gives you the power and…
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